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![StckMasterFlash Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::235990471.png) Stock Master Flash [@StckMasterFlash](/creator/twitter/StckMasterFlash) on x 2891 followers
Created: 2024-11-07 23:05:02 UTC

📰Prior to Merger, @NexGoldMining & @SignalGold_SGNL Raised $18.5M in Concurrent Financing ⭐️ $NEXG.v $NXGCF

Yesterday, $NEXG & $SGNL announced the closure of their upsized concurrent financing for $18.5M with participation from key investor Sprott Asset Management. 

➡️Financing supports proposed merger where $NEXG will acquire $SGNL

➡️Funds to support the exploration & advancement of $NEXG's Goliath Project & $SGNL's Goldboro Project

➡️Sprott acquired XXX million FT Units, increasing its stake in $NEXG to XXXXX% non-diluted & XXXXX% partially diluted.

⭐️Creating One of Canada's Most Advanced Near-Term Gold Developers⭐️
Notably, the merger is set to create one of Canada's most advanced near-term gold developers, with a combined total of XXX million gold ounces in Measured and Indicated Mineral Resources & XXX million gold ounces in Inferred Mineral Resources.

➡️Targeting over XXXXXXX ounces of gold production per year 

➡️Significant growth potential at both projects across a combined XXXXXX hectares of land


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1854661364943294596/c:line.svg)

**Related Topics**
[mining](/topic/mining)
[$nexgs](/topic/$nexgs)
[asset management](/topic/asset-management)
[investment](/topic/investment)
[$sgnl](/topic/$sgnl)
[$nexg](/topic/$nexg)
[$nxgcf](/topic/$nxgcf)
[$nexgv](/topic/$nexgv)

[Post Link](https://x.com/StckMasterFlash/status/1854661364943294596)